101-15 34 AvenueFlushingNY11368
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 101-15 34 Avenue, Flushing, NY, 11368 in Flushing. At $865,000 it earns $6,889/mo in rent and distributes $1,113/mo to the owner after the $3,890/mo payment, a consistent 9.56% yield. DSCR 1.77 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $238,984 in value; $7,967/yr in principal paydown compounds ownership stake. Total projected return: $401,427.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 4.5% |
| Monthly Cash Flow | $1,113 | $1,850 |
City averages based on Flushing market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,889 |
| Total Monthly Debt Service | $5,432 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1920
2,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11368, Corona, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,238 (100%) |
| Owner Occupied HU | 5,682 (17.1%) |
| Renter Occupied HU | 25,957 (78.1%) |
| Vacant Housing Units | 1,599 ( 4.8%) |
| Median Home Value | $918,489 |
| Average Home Value | $938,312 |
Housing Distribution
Address Breakdown
Residential
22,005
Single Family
6,554
Multi-Family
15,451
Businesses
2,065
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1920
2,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11368, Corona, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,238 (100%) |
| Owner Occupied HU | 5,682 (17.1%) |
| Renter Occupied HU | 25,957 (78.1%) |
| Vacant Housing Units | 1,599 ( 4.8%) |
| Median Home Value | $918,489 |
| Average Home Value | $938,312 |
Housing Distribution
Address Breakdown
Residential
22,005
Single Family
6,554
Multi-Family
15,451
Businesses
2,065
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices